Orava Asuntorahasto Oyj
ORAVA RESIDENTIAL REIT ACQUIRES APARTMENTS BY A DIRECTED SHARE ISSUE
Orava Asuntorahasto Oyj 29.06.2015 19:40 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Orava Residential REIT plc STOCK EXCHANGE RELEASE 29 JUNE 2015 AT 8:40 P.M. ORAVA RESIDENTIAL REIT ACQUIRES APARTMENTS BY A DIRECTED SHARE ISSUE Orava Residential REIT has today signed a deal to acquire a total of 46 apartments in Asunto Oy Vantaan Kaakkoisväylä 4 for a purchase price of EUR 4.15 million. Orava Residential REIT financed the transaction by a directed share issue allocated to Maakunnan Asunnot Oy, in which Maakunnan Asunnot Oy subscribed for 369.218 new shares, of which 192.889 shares do not entitle to dividends to be paid in 2015. The subscription price of the new shares is the weighted average price over the five trading days at NASDAQ Helsinki preceding the signing date of the deal. Veli Matti Salmenkylä CFO Information Veli Matti Salmenkylä, CFO, telephone +358 (0)10 420 3102 http://www.oravaasuntorahasto.fi/ News Source: NASDAQ OMX 29.06.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Orava Asuntorahasto Oyj Finland Phone: Fax: E-mail: Internet: ISIN: FI4000068614 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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